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City Council <br />Meeting Minutes <br />May 14 2019 <br />Page 3 of 7 <br />Councilmember Stolzmann asked what the likelihood is of them adopting some of these <br />strategies. Schwartz stated he thinks it is very good, these are good suggestions, and <br />there is a long list of options so they feel confident some changes can be made <br />Mayor Pro Tem Lipton asked if traffic is pushed from flying over Louisville are we then <br />pushing it over some other City We need to think about how what we might gain will <br />affect others. He added the Jefferson County Commissioners will need to be interested in <br />making changes as they control the airport. He asked if DIA traffic is an issue Schwartz <br />stated it doesn't seem to be an issue <br />Councilmember Loo stated the airport does benefit us, we have corporations that fly jets <br />in and out of the airport. She added the wildland fire tankers use the airport and are very <br />important. She would hate to see the tanker operations leave Jeffco <br />DISCUSSION/DIRECTION — URBAN RENEWAL "101" <br />Director DeJong stated this is a primer on urban renewal so everyone has the same <br />understanding of the documents, tools, and powers in play The Urban Renewal laws <br />come from state statute and it lays out the purpose, powers, and tools of the authority <br />The law allows one authority per city Determining blight is required to use urban renewal <br />powers. He reviewed the blighting factors noting the Highway 42 area has nine factors <br />and 550 McCaslin has four factors. <br />DeJong stated the Louisville Revitalization Commission (LRC) is the urban renewal <br />authority for Louisville. He reviewed the history of the board noting it was started in the <br />1970s, reestablished in 2005, and there was an initiative in 2007 that did not pass that <br />would have made the City Council the urban renewal authority <br />City Attorney Kelly reviewed recent changes from the legislature. She stated changes <br />from 2015 — 2017 resulted in state statute changing the composition of authorities with a <br />larger number of members and incorporating members from all other taxing entities in the <br />urban renewal area There are also provisions for paying back unused funds to the taxing <br />authority These changes affect new urban renewal authorities or those that make <br />substantial changes to their urban renewal plan <br />City Attorney Kelly stated that another change is that if there is a tax increase in an urban <br />renewal area, all of that increase goes to the authority <br />Councilmember Maloney asked if the City could choose to follow the new rules without <br />making changes to our plan City Attorney Kelly stated there is nothing that would prevent <br />the LRC from making those changes if it wanted to City Manager Balser stated the <br />agreement the City made with Boulder County in 2005 addresses some of those issues. <br />